The Perception and Reality of Falling Oil Prices - PROP

CPE Credits Awarded:

Description

The Perception and Reality of Falling Oil Prices is an online training course that focuses on the recent attention of the fall in oil prices. Oil price falls on this scale are not a new phenomenon. Other price falls have occurred in 1985/86, 1998/99 and 2008. Were any of these significant in the evolution of pricing? But what are the implications of the recent fall in prices for the various industry players? In the process of understanding these issues we need to look back at how we arrived at the current global mechanisms for pricing crude oil.